After a sharp spike in LSAT test-takers in July 2017, I noted that it was good news, with some caution, because first-time test-takers were slowly becoming smaller and smaller in the LSAT test-taker pool. In December 2017, I noted the same cautious optimism for improved applicant quality and quality this admissions cycle.

You can sort through up-to-date figures at LSAC here to see the pace of applicants, including higher quality and quantity. But, again, cautious optimism is in order.

While LSAT test-takers are up 19% year-over-year, applicants look to rise just 8%--better than a decline or a nominal increase, to be sure, but far short of the surge one might project from LSAT test-takers. Then again, given unlimited repeats, this is hardly a surprise. But another surprise is that despite a number of schools accepting the GRE, we don't see a higher applicant pool given the surge in LSAT test-takers. One might expect that LSAT test-takers now understate applicants. That's apparently not the case (at the moment, on a very superficial level).

Schools should hope that applicants exceed 60,000, which would be the first time since the 2009-2010 cycle. (I should emphasize here that LSAC has changed some of its counting in the last few cycles, so it's a rough approximation to go across years like this.) Additionally, if schools modestly increase their matriculants as the quality and quantity increases, we may see more than 40,000 enrolled for the first time since Fall 2012.

But visualized this way, the sharp increase of LSATs administered is in some contrast to the modest increase in applicants. Time will tell what this cycle holds--and by next fall, we'll know how schools handled this applicant pool in terms of overall matriculants.

After sharing some big-picture good news about the legal job market for the Class of 2017, I thought I'd share a few details on the market, similar to my report last year. Indeed, the report is very similar to last year's because the trends have accelerated. And outcomes appear to be qualitatively and quantitatively better.

I drew comparisons to the Class of 2013 (which, it should be noted, were nine-month figures). Declines in overall jobs, overall graduates, and bar passage rates assuredly affect some of the industry-specific figures. Last year, I noted that jobs in smaller firms and business and industry were disappearing for entry-level hires. That continues to be the case.

FTLT

Class of 2013

Class of 2017

Net

Delta

Solo

926

392

-534

-57.7%

2-10

6,947

5,145

-1,802

-25.9%

11-25

1,842

1,628

-214

-11.6%

26-50

1,045

953

-92

-8.8%

51-100

846

779

-67

-7.9%

101-205

1,027

956

-71

-6.9%

251-500

1,041

983

-58

-5.6%

501+

3,978

4,569

591

14.9%

Business/Industry

5,494

3,241

-2,253

-41.0%

Government

4,360

3,812

-548

-12.6%

Public Interest

1,665

1,419

-246

-14.8%

Federal Clerk

1,259

1,151

-108

-8.6%

State Clerk

2,043

1,984

-59

-2.9%

Academia/Education

490

303

-187

-38.2%

I think the decline is likely attributable to two factors. First, as bar passage rates decrease, the most marginal graduates--who were already the ones most likely to enter solo practice--are the ones most likely to be squeezed out. The same holds true at very small firms, 2-10 attorneys. If the graduates who'd typically fill those spots are now failing the bar exam, we'd expect the positions to decline. A nearly 60% decline in entry-level sole practitioners, and more than a 25% decline in 2-10-attorney firm hiring, is pretty sharp in just four years.

Additionally, business & industry jobs are the ones most likely to be categorized as J.D. advantage positions, and we've seen a decline in those positions generally.

On top of that, big law hiring--at firms with more than 500 attorneys--has increased 15% in four years. Given the dramatic decline in the number of graduates--12,000 fewer graduates between 2013 and 2017--things look even better. For the Class of 2013, 8.6% of graduates ended up in the biggest of law firm jobs; that figure climbed to 13.3% for the Class of 2017. Of course, big law jobs aren't everything, and there were slight declines in 101-500-attorney firms along with federal clerkships. But, the trend is a good one.

All in all, these are good signs for the market. The employment figures are not just quantitatively better; they are also qualitatively better, as more graduates are in the most coveted jobs (again, conceding that big law jobs aren't everything), and fewer are in the more marginal or least desired positions.

UPDATE: This entire chart may need to be redone because the ABA's data confusingly differs from the individual forms and its overall spreadsheet--funded positions were originally included in top-line figures. These figures have been changed. My apologies.

The American Bar Association released its comprehensive employment statistics for the Class of 2017, a few weeks ahead of last year's pace (a laudable improvement). Here are some top-line figures (excluding Puerto Rico's three law schools):

Graduates

FTLT BPR

Placement

FTLT JDA

Class of 2012

45,751

25,503

55.7%

4,218

Class of 2013

46,112

25,787

55.9%

4,550

Class of 2014

43,195

25,348

58.7%

4,774

Class of 2015

40,205

23,895

59.4%

4,416

Class of 2016

36,654

22,874

62.4%

3,948

Class of 2017

34,428

23,078

67.0%

3,121

The statistics reveal some fairly remarkable figures. Law schools have shed 12,000 graduates in four years. The result? A placement rate in unfunded full-time, long-term, bar passage-required positions has risen from about 56% to 67%.

Year over year, raw placement in those jobs improved slightly, too, with about 200 new placements in those jobs. Some improvement in bar passage rates (whether better test-takers or lower cut scores) surely can't hurt.

Significantly, placement in J.D.-advantage jobs has dropped fairly sharply in the last couple of years. For years, the versatility and flexibility of J.D. has been a common point of defense among law schools, not without some controversy. But those positions--which not only highlight the versatility of the J.D., but aren't contingent on passing the bar--have been declining, too. That said, if schools are able to place more graduates in bar passage-required positions, all the better for them.

I've continued to wonder whether the ABA's decision to change the reporting deadlines from 9 to 10 months after graduation has improved the reporting situation for schools--but, we lack any data about the impact of such changes.

In short, we have some good news for law schools. Placement has topped 2/3 in bar passage required jobs, and those positions have seen a modest improvement. I'll dig into some more industry-specific figures in the near future.

This is the eighth and last in a series of visualizations on legal employment outcomes for the Class of 2017. Following posts on outcomes in Florida, Pennsylvania, Texas, New York, Illinois, Ohio, and DC-Maryland-Virginia, here is a visualization for legal employment outcomes of graduates of California law schools for the Class of 2017. (More about the methodology is available at the Florida post.) Last year's California post is here.

While most markets remained fairly stagnant, California saw a marked rise year-over-year. total graduates dropped to 3910, a slight decline from 4081 in 2016 but a big decline from the 4403 in 2015 and 4731 in 2014. But the overall unfunded placement rate soared from 64.3% to 69.9%. That came from an increase in in bar passage-required jobs, from 2206 to 2397, as J.D.-advantage placement dropped.

Law school-funded positions also tapered off, from 118 positions (2.9% of graduates) last year to 82 (2.1%) this year. (Please recall from the methodology that the bar chart is sorted by full-weight positions, which excludes school-funded positions, while the table below that is sorted by total employment as USNWR prints, which includes school-funded positions.)

This is the seventh in a series of visualizations on legal employment outcomes for the Class of 2017. Following posts on outcomes in Florida, Pennsylvania, Texas, New York, Illinois, and Ohio, here is a visualization for legal employment outcomes of graduates of DC, Maryland, and Virginia law schools for the Class of 2017. (More about the methodology is available at the Florida post.) Last year's DC-Maryland-Virginia post is here.

There were around 3410 graduates of law schools in the region, down from 3600 last year and 3740 for the Class of 2015, a 10% decline in just two years. Overall unfunded placement rose from 76.8% to 78.3%. Most of that growth came because of the declining number of graduates, but, as a positive improvement, J.D.-advantage placement dropped significantly as bar passage-required placement held steady. Georgetown continues its robust school-funded placement (40 jobs), well ahead of George Washington (9) & Virignia (8).

This is the sixth in a series of visualizations on legal employment outcomes for the Class of 2017. Following posts on outcomes in Florida, Pennsylvania, Texas, New York, and Illinois, here is a visualization for legal employment outcomes of graduates of Ohio law schools for the Class of 2017. (More about the methodology is available at the Florida post.) Last year's Ohio post is here.

There were around 950 graduates of Ohio's 9 law schools, down from around 1090 two years ago. That's helped placement in bar passage required and J.D. advantage jobs rise to 72.8% (including a few school-funded jobs), up three points. Overall jobs increased slightly. Remarkably, four of these law schools graduated classes of fewer than 100 students.

This is the fifth in a series of visualizations on legal employment outcomes for the Class of 2017. Following posts on outcomes in Florida, Pennsylvania, Texas, and New York, here is a visualization for legal employment outcomes of graduates of Illinois law schools for the Class of 2017. (More about the methodology is available at the Florida post.) Last year's Illinois post is here.

There were around 1750 graduates of Illinois's 9 law schools, down from around 1820 last year and 2040 in 2015. That's helped placement in bar passage required and J.D. advantage jobs rise to 79.3% (including a few school-funded jobs), up a point over last year. Overall jobs declined slightly.

This is the fourth in a series of visualizations on legal employment outcomes for the Class of 2017. Following posts on outcomes in Florida, Pennsylvania, and Texas here is a visualization for legal employment outcomes of graduates of New York law schools for the Class of 2017. (More about the methodology is available at the Florida post.) Last year's New York post is here.

There were around 3650 graduates among New York's 15 law schools, down from around 3800 last year and around 4500 for the Class of 2014. That's helped placement in bar passage required and J.D. advantage jobs rise to 84.5%. Only NYU and Columbia still report any meaningful school-funded positions (and also accounts for disparity between the chart and the table below). Overall jobs rose slightly.